Total capital value of ADX listed companies amounts to AED87.1 billion

The capital value of companies listed at Abu Dhabi Securities Exchange amounted to AED87.1 billion by the end of 2016, according to official statistics.

The banking sector accounts for 41.2 percent of the total capital of 13 national banks worth AED35.9 billion before the merger of the NBAD and First Gulf Bank.

This is followed by the energy sector whose capital value hit AED13 billion, then the property sector with AED12.2 billion.

The capital value of national companies listed at the telecommunication sector reached AED8.696 billion, while that of the industrial sector firms stood at AED7.8 billion followed by the insurance sector at AED3.1 billion then the financial sector at AED2.6 billion.

At the services sector, the capital of listed companies is put at AED2.5 billion, with the consumer staples sector coming at around AED1.3 billion.

It's noteworthy that ADX has not until the end of 2016 seen any listings by transport firms, which means that there are still some economic platforms not represented in the Abu Dhabi bourse.

Source: Wam